Burgess Hodgson and Furley Page invite you to an update for the Charity & Not for Profit sector on a variety of topics, ideal for charity trustees and finance professionals alike.
Mark Laughton FCCA CTA, Burgess Hodgson – Accounting Update
Aaron Spencer LLB TEP, Furley Page – The Governance Code for Charities
Andrew Jesson, Charity Bank – Funding
Peter Lansley – Canterbury & District Samaritans
When: Thursday 1 March 2018
Time: Registration and breakfast from 7:30am (finish by 10am)
Where: Canterbury Cathedral Lodge
Free of chargeRead More
For some time now there has been a restriction, or ‘block’, on the recovery of input tax incurred on cars. There are a few exceptions to this that have crept in over the years, driving schools, taxis, and hire cars may have the VAT recovered as their use can be clearly shown as being wholly for the business – the same can apply to ‘pool’ or demonstrator cars.Read More
Faster payment of VAT
When a business fails to submit and pay its VAT return on time it may attract a default surcharge, a percentage penalty that is based on the amount of VAT that is paid late.
Where there is a ‘reasonable excuse’ for the delayed payment then HMRC may reconsider and withdraw the surcharge. If the business is unsuccessful at that stage but still feels strongly enough about their case, they may take the appeal to a formal Tribunal and allow an independent process to review and decide the matter.Read More
Please take note: it’s not all about LOVE this Valentines Day!
HMRC have recently confirmed that from 14 February 2018 the current platform used to submit VAT Returns electronically, the Electronic Data Interchange (EDI) will be decommissioned and replaced with a new platform.Read More
The staff at Burgess Hodgson have once again broken their own yearly fundraising record, managing to donate £7,500 to the local Canterbury ‘Hellfire’ Wheelchair Rugby Club.
The Club are very proud to be the only Club in Kent offering this Paralympic sport which is an exciting fusion of ice hockey, handball and rugby. However, following a review of Olympic funding post Rio 2016, Wheelchair Rugby had its funding cut entirely which has left many of the clubs suffering a funding crisis just to continue training each week.Read More
The earlier article on the VAT treatment of disbursements has had to be updated as a result of a VAT tribunal case. The example provided in that article that illustrated a non-VATable disbursement scenario has now been judged to be one that should attract VAT, and so should not be used as any kind of template or treatment to be followed.Read More
The Chancellor’s second Budget of 2017
CLICK BELOW TO DOWNLOAD OUR AUTUMN 2017 BUDGET SUMMARY:
The Chancellor has announced a steady as you go Autumn Budget.
The highlight of his mildly expansionary package was a new stamp duty land tax relief for first time home-buyers (outside Scotland). As long as the consideration for the property is no more than £500,000, first time buyers will pay no SDLT on the first £300,000 and above that they pay the normal rates.
It is worth noting that the Scottish Budget will be published on 14 December when their income tax plans for 2018/19 will be announced.Read More
Are you talented and ambitious? Do you want a professional career? Do you want to earn as you learn?
If you answered yes to the above questions, then we would like to hear from you. As leading training providers in the South East, we are currently looking for our next high flyers to join our sought after graduate and school leaver training schemes. Hear from two of our current trainees about what opportunities a career with us can bring.Read More
By law, the automatic enrolment pension contribution is increasing from 6 April 2018, and again from 6 April 2019. Employers must be ready to implement the changes on those days, so it is essential to start planning now to make sure you comply. (more…)Read More